Namibia’s new vehicle market recorded its strongest performance of 2025 in September, with total sales reaching 1,303 units — the highest monthly figure so far this year.
According to IJG Securities, sales rose by 3% month-on-month and 31.9% year-on-year, underscoring sustained demand across both passenger and commercial segments.
The September total compares with 1,265 units sold in August and 988 in September 2024.
IJG noted that total new vehicle sales for the first nine months of 2025 reached 10,853 units, 14.6% higher than the same period last year.
Of these, 5,121 were passenger vehicles, 5,022 light commercial vehicles, and 710 medium and heavy commercial vehicles.
On a twelve-month cumulative basis, total sales stood at 14,191 units, representing a 15.2% increase from the 12,317 units sold during the previous corresponding period.
“Longer-term trends remain positive, with twelve-month cumulative sales for both passenger and commercial vehicles reaching levels last seen in 2017,” IJG Securities said.
Passenger vehicle sales in September totalled 551 units, down 8.6% from August but up 26.7% compared to the same month last year. Cumulative passenger sales over twelve months rose to 6,681 units, up 19.7% from 5,582 in 2024. Year-to-date passenger sales increased by 21.2% to 5,121 units.
The commercial vehicle segment recorded its best month of 2025, with 752 units sold in September — a 13.6% increase from August’s 662 units.
Of these, 656 were light commercial vehicles, 33 medium commercial, and 63 heavy commercial vehicles. Year-to-date, commercial sales stood at 5,732 units, up 9.3% from the same period last year.
“On a twelve-month cumulative basis, light commercial vehicle sales were up 10.1% year-on-year, medium commercial vehicle sales rose 32.2%, and heavy commercial vehicle sales increased 18.9%,” IJG reported.
Toyota maintained its dominance in both the passenger and light commercial segments, holding market shares of 52.4% and 73.2%, respectively. Volkswagen followed in the passenger market with a 14.6% share, while Ford captured 12.1% of the light commercial segment.
In the heavier categories, Scania led with 26.1% of year-to-date heavy and extra-heavy commercial vehicle sales, followed by Volvo Trucks at 15.8% and Hino at 13.4%.
“Toyota continues to lead in both the new passenger and light commercial vehicle segments with 52.4% and 73.2% market shares, respectively,” IJG Securities said.
